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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (11373)9/3/2003 2:11:04 AM
From: Cary Salsberg  Read Replies (1) | Respond to of 95617
 
RE: "If the corrections that follow are only modest ones..."

There are market corrections and company corrections. Individual companies will "sell off" if their performance indicates that they will not participate in the success derived from an expanding economy and tech sector or their participation has already been overly discounted. The market can get ahead of the economy, but in a positve climate, this will result in sideways motion until business results and forecasts catch up and move ahead, again. The market does behave rationally and logically. It doesn't appear to sometimes because the rational logic is often based on ignorance and influenced by charlatans.